Jain will focus on strengthening the product and engineering aspects of the business to help it become a full-service transaction playerAditi Shrivastava | ET Bureau | Updated: August 17, 2016, 18:22 IST

Jain will focus on strengthening the product and engineering aspects of the business to help it become a full-service transaction player. He will report to CEO Jason Kothari.

“In the long run, we don’t want to be a classified player,” said Jain. “Instead, Housing will move to a full-stack model and build tools to facilitate online and offline transactions.”

The 36-year-old executive worked at Amazon as the business head for its cloud division Amazon Web Services.

While in the US, he was also associated with the US Department of Commerce, where he reviewed business plans at Broadband Technology Opportunities Program (BTOP) to help assist President Obama and the Federal Government deliver on the promise of economic recovery (ARRA) through the $7.2 billion Recovery Act's BTOP and Broadband Initiatives.

Jain returned to India in 2014 to join Jio, a subsidiary of Reliance Industries, as vice-president.

In January, Japanese conglomerate SoftBank, which is the largest shareholder at Housing, invested an additional Rs 100 crore in the real estate portal to help it scale its home buying and selling business with a focus on revenue generation.

Over the last few months, three of Housing’s co-founders - Abhishek Anand, Sanat Ghosh and Ravish Naresh - who built its mapping virtual reality and analytics platform, quit the company to start their own venture in the human resource management sector.

However, under the leadership of Kothari, the company has revamped its top management and appointed more experienced talent on its board, including Nikhil Rungta as chief marketing officer; Nandini Mehta as general counsel, Abhishek Hota as chief of staff, and Keerthi Kiran as head of new real estate projects.

Housing.com competes with CommonFloor, 99Acres and MagicBricks, which is owned by the publisher of this paper.